{"id":440,"date":"2014-10-22T20:05:40","date_gmt":"2014-10-22T20:05:40","guid":{"rendered":"http:\/\/olduvai.ca\/?p=440"},"modified":"2014-10-22T20:05:40","modified_gmt":"2014-10-22T20:05:40","slug":"saxobank-cio-warns-another-shock-drop-is-coming-and-its-coming-soon-zero-hedge","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=440","title":{"rendered":"Saxobank CIO Warns &#8220;Another Shock Drop Is Coming.. And It&#8217;s Coming Soon&#8221; | Zero Hedge"},"content":{"rendered":"<p><a href=\"http:\/\/www.zerohedge.com\/news\/2014-10-22\/saxobank-cio-warns-another-shock-drop-coming-and-its-coming-soon\">Saxobank CIO Warns &#8220;Another Shock Drop Is Coming.. And It&#8217;s Coming Soon&#8221; | Zero Hedge<\/a>.<\/p>\n<p><span class=\"Apple-style-span\" style=\"font-family: 'Lucida Grande', Verdana, sans-serif; line-height: 17px; color: #000000;\"><a style=\"text-decoration: none; color: #1e439a;\" href=\"https:\/\/www.tradingfloor.com\/posts\/jakobsen-another-shock-drop-is-coming-and-its-coming-soon-2142996?utm_source=TradingFloor.com&amp;utm_medium=banner&amp;utm_campaign=TF4_FeaturedArticle\">Saxo Bank&#8217;s Chief Economist Steen Jakobsen<\/a>\u00a0is predicting another &#8216;shock drop&#8217; in the markets within a few weeks. With debt and low inflation continuing to create a nervous atmosphere behind most markets, Steen argues that\u00a0<strong>we will hit fresh lows in mid-November<\/strong>. Steen takes the view that\u00a0<strong>central bank policy is creating a &#8216;fantasy land&#8217; for investors<\/strong>\u00a0and he points out that the recent &#8216;day dive&#8217; in markets was a closer reflection of reality. Steen outlines his suggestions for trading ahead of another dip in mid November with\u00a0<strong>targets for the S&amp;P 500 around 1810<\/strong>\u00a0and the Dax at 8000 &#8211; 7800.\u00a0<em>Be long fixed income as it is &#8220;a free put on the equity market.. and the economic cycle is not yet ready to adapt to a rising interest rate.&#8221;<\/em><\/span><\/p>\n<p>&#8230;click on the above link to view the video&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saxobank CIO Warns &#8220;Another Shock Drop Is Coming.. And It&#8217;s Coming Soon&#8221; | Zero Hedge. Saxo Bank&#8217;s Chief Economist Steen Jakobsen\u00a0is predicting another &#8216;shock drop&#8217; in the markets within a few weeks. With debt and low inflation continuing to create a nervous atmosphere behind most markets, Steen argues that\u00a0we will hit fresh lows in mid-November. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[124,194,244,274,696,703,748],"class_list":["post-440","post","type-post","status-publish","format-standard","hentry","category-economics","tag-central-banks","tag-dax","tag-economics-2","tag-equity-market","tag-sp","tag-saxo-bank","tag-steen-jakobsen"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=440"}],"version-history":[{"count":0,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/440\/revisions"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}